DOE Loan Official Resigns After Solyndra Collapse

Law360, New York (October 6, 2011, 8:29 PM EDT) -- Jonathan Silver, head of the U.S. Department of Energy’s loan guarantee program, resigned from his position Thursday following the controversy over $535 million the agency spent on the now-bankrupt solar panel maker Solyndra Inc.

Energy Secretary Steven Chu said Thursday that Silver had informed him in July that he would leave at the end of the fiscal year, according to a statement from the department.

“Because of my absolute confidence in Jonathan and the outstanding work he has done, I would welcome his continued service at...
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